XRP ETF Inflows Spark Hopes of $1.50 Breakout
XRP has seen significant ETF inflows in August, reaching $159 million, which is a substantial increase from the prior month's reported $27.29 million. This surge in institutional interest has put the price of XRP back in focus, with some market analysts predicting that it could reach as high as $1.50.
The current price of XRP is still trading around the mid-$1 range, but renewed fund demand has brought $1.50 into play as a potential recovery level. However, it's essential to note that the risk remains clear, and XRP is still inside a broader falling channel in some technical models.
On the other hand, DigiTap ($TAP) is targeting a different part of the cycle with its presale, which has raised over $11.37 million USDT and sold more than 350 million TAP before public trading. The project already has a working beta app available through the Apple App Store and Google Play, placing wallet features, virtual-card functionality, and crypto-payment infrastructure in front of users.